President Trump thought he had an easy path to reopening the 25-year-old Nafta and addressing his concerns over what he perceived to be unfair trade treatment by Mexico and Canada. Talks with the first were expected to be tough and fraught with tension, but no one could have predicted the animosity that has emerged in those with the latter. The U.S. and Canada, after all, are one another’s closest trading partner. But Trump has chosen to ratchet up the rhetoric. On this episode, in a discussion with Ottawa-based attorney Clifford Sosnow of the Canadian law firm Fasken, we learn how much damage is being done to the U.S.-Canada relationship. A seasoned expert on trade, he looks behind the rhetoric to assess the long-term impact of the current rift between the historic allies, and speculates on when we’ll finally see a new Nafta, and what form it might take. Hosted by Bob Bowman, Managing Editor of SupplyChainBrain.
Look for a new episode of the podcast, which can be downloaded or streamed, every Friday on the SupplyChainBrain website and iTunes.
Show notes:
A Fasken bulletin on U.S. tariffs on autos.
A Fasken bulletin on trading with the U.S.